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Financial Performance tag returned 3624 results

  • UAE: Insurance House receives letter of intent for potential acquisition

    Insurance House (IH) has received a letter of intent regarding an acquisition offer, the Abu Dhabi-listed company announced in a statement.

    Middle East | 26 Jan 2026
  • Tunisia: Tunis Re meets 2025 turnover target

    Tunis Re, a leading reinsurer in Africa and the MENA region, has reported total turnover of TND238.4m ($82.7m) for 2025 with the company describing its portfolio as stable compared to 2024.

    Middle East | 26 Jan 2026
  • Fitch: Taiwan's proposed accounting rules ease foreign-exchange volatility

    Proposed accounting rules in Taiwan will ease the impact of foreign-exchange (FX) volatility on life insurers' reported earnings but could increase structural FX exposure, particularly for life insurers with weak long-term currency match management, according to a commentary released by Fitch Ratings. The credit ratings organisation said it considers the approach a deviation from international practice, which may reduce comparability for global investors.

    Asia | 23 Jan 2026
  • Global credit and political risk market showed strong growth in 2025

    The credit and political risk insurance (CPRI) market recorded another strong year in 2025, with growth and performance standing out despite global economic and geopolitical headwinds, according to the latest analysis by reinsurance broker Howden Re, released yesterday.

    Asia | 23 Jan 2026
  • Saudi Arabia: Shareholders of loss-hit Gulf General vote for insurer to continue operations

    Shareholders of General Cooperative Insurance (GGI) have approved a recommendation by the board of directors for the insurer to continue its operations after its accumulated losses exceeded half of its SAR300m ($80m) paid-up capital.

    Middle East | 22 Jan 2026
  • Turkiye: Takaful market soars by 63% in 2025

    Participation insurers (takaful operators) in Turkiye generated TRY70.1bn ($1.6bn) in contributions in 2025 in nominal terms, representing a 62.9% increase compared to the previous year, according to data from the Insurance Association of Turkiye (TSB).

    Middle East | 21 Jan 2026
  • Oman: Insurance sector records profit surge in 2025 on Liva's turnaround

    Profitability improved significantly in 2025 for eight listed insurance companies whose preliminary annual financial results were analysed by BADRI Management Consultancy, a Dubai-headquartered international actuarial and risk consultancy firm.

    Middle East | 21 Jan 2026
  • China Taiping Insurance Holdings expects an increase of at least 215% in net profit for 2025

    State-controlled China Taiping Insurance Holdings Company (CTIH) has issued a positive profit alert, stating that it expects profit attributable to owners of the company for the year ended 31 December 2025 to increase by a range of between 215% and 225% compared with 2024.

    AIRPlus | 20 Jan 2026
  • Africa: CRe Nigeria's underwriting performance expected to continue improving in 2025 and beyond

    Continental Reinsurance's (Nigeria) [CRe Nigeria] underwriting performance in 2025 and beyond is expected to trend in line with recent years, supported by stricter underwriting guidelines and more controlled business growth, according to AM Best.

    Africa | 15 Jan 2026
  • Global reinsurance renewals to keep softening

    Global reinsurers' profitability will decline but remain strong in 2026, as 1 January contract renewals confirmed further reductions in risk-adjusted prices across most lines, Fitch Ratings says. This aligns with its 'deteriorating' sector outlook for global reinsurance, reflecting moderately weaker, but still sound, operating and business conditions in 2026.

    Asia | 15 Jan 2026


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